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MONTREAL, April 2, 2012 /CNW Telbec/ - Homburg Invest Inc. (NYSE Euronext Amsterdam: HII) (the "Company") announces that its annual filings for the year ended December 31, 2011, including its financial statements, the related management discussion and analysis, its annual information form as well as CEO and CFO certifications (collectively, the "Required Documents"), have not been filed by the applicable due date. The Company and its advisors are working diligently to finalize the Required Documents and will file them as soon as practicable.
As previously announced, the Company has obtained an order (the "Order") from the Superior Court of Quebec (Commercial Division) (the "Court") granting creditor protection pursuant to the provisions of the Canadian Companies' Creditors Arrangement Act (the "CCAA"). The Order provides for a general stay of proceedings which has been extended by the Court to May 31, 2012. The stay period is subject to further extensions as the Court may deem appropriate.
Until the Required Documents are filed, the Company intends to provide information in accordance with National Policy 12-203 Cease Trade Orders for Continuous Disclosure Defaults.
About Homburg Invest
Homburg Invest Inc. owns and develops a diversified portfolio of quality commercial real estate including office, retail, industrial and development properties throughout Canada, Europe and the United States.
For further information:
NATIONAL Public Relations
Cohn & Wolfe
Tel 0031 (0)20 6768666